Using information technology and hacking bank accounts and data

The “Money Prosecution” convicts 8 defendants and 3 companies of money laundering crimes

Counselor Ismail Madani: “Arresting the accused in the crime, and bringing them to justice, is a reflection of the effective procedures of the Public Prosecution in Dubai.”

The Dubai Public Prosecution referred eight defendants and three companies to the Misdemeanors Court, for committing a money laundering crime, with an amount of approximately 14 million dirhams, to and from several bank accounts, in a fraudulent manner, and using information technology, with the intention of concealing and benefiting from its illegal sources.

The court in attendance sentenced the first accused to three years in prison with deportation, and the rest of the defendants to imprisonment from six months to one year, and deportation, with a fine of 20,000 dirhams for the sixth and seventh defendants. Obliging all defendants to return the seized and seized sum of more than nine million dirhams to the victim company.

The arrest of the accused in the aforementioned incident and bringing them to justice comes in light of the effective procedures of the Dubai Public Prosecution, and the strengthening of joint cooperation with all local and federal authorities with jurisdiction in the face of money laundering and terrorist financing. guilty of the crime charged with them.

The First Public Prosecutor and Head of Public Funds Prosecution, Counselor Ismail Ali Madani, revealed that the first accused had fraudulently seized the amount, using information technology, by hacking the data and bank accounts of the victim company, and depositing the amount in the account of another company, belonging to the first accused, as well as the participation of The rest of the accused belong to the first accused in the same money laundering crime, by transferring and concealing the truth of the proceeds from the original crime.

He stressed that apprehending the accused in the crime and bringing them to justice is a reflection of the effective procedures of the Dubai Public Prosecution and the joint cooperation with all local and federal authorities concerned with cases and crimes against money laundering and terrorist financing.

For his part, the Executive Director of the Dubai Center for Economic Security, Faisal Yousef bin Sulaiten, stressed the important role played by the investigation authorities, represented by the Dubai Public Prosecution, in confronting everyone who begged himself to benefit from the development of the financial system in the country, in actions that negatively affect the Its economic security, expressing its appreciation for the professionalism of law enforcement agencies, represented by the Dubai Police General Command, which had the most prominent role in confronting this crime.

He said: "The case reflects the strength of cooperation between all the competent federal and local authorities, as well as the state's commitment to maintaining the integrity of its financial and economic system, and limiting its exploitation in money laundering and terrorist financing crimes."

In turn, the Assistant Chief Prosecutor, who is directly responsible for investigating the case, Abdul Rahman Nasser Hassan, said: “The Public Prosecution’s investigations, through research and investigation, in cooperation with the concerned authorities, showed that the victim’s email was hacked, which resulted in an information leak, as it was able to The first accused gained access to information related to correspondence, bank account data, and the money transfer mechanism, and thus seized a large amount of the total amount of the original, with the intention of concealing and disguising the illegal source of the total amount he had received in his company account, taking advantage of the enjoyment of services by the bank account of the ninth accused. Electronic banking, by making two financial transfers to the bank account of the eleventh defendant, a company for trading safety and firefighting equipment, where the fifth defendant manages the account of that company, and the other to the bank account of the tenth defendant, a textile trading company, and the second defendant manages that account The company.”

It is worth noting that the accused in the incident committed the crime of money laundering, which is punishable in the articles of the Federal Law and its amendments, regarding countering money laundering and combating the financing of terrorism, and accordingly the Public Prosecution took its order to refer the accused to the competent court, which issued its judgment convicting them of the crime attributed to them.

• “The first accused took the money fraudulently, and deposited it in a company account that belongs to him.”

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